Ripple has also recently secured deals in the Vietnamese, Thai, and Japanese remittance markets, with SBI Asia’s largest international remittance service.
Learn how SBI Remit and Siam Commercial Bank partnered on RippleNet to deliver better remittance services and lower fees for Thai workers living in Japan. https://t.co/S2y43ZOKZ0 — Ripple (@Ripple) August 3, 2018
These remittance payments don’t actually use the XRP token itself, however, they leverage Xrapid and traditional banking infrastructure albeit in a much different and more streamlined way. In another partnership, this time with the US remittance giant Moneygram, Ripple has also planned to expand to India’s remittance market now that they are no longer banned. Perhaps Ripple is ready to make a major move with its SDK integrations with Blockset and BRD and its strategic moves to make progress in cross-border payments and remittances. Ripple may be ready to make a major move to the upside, in vindication of his fateful CNBC Crypto Class segment, when he instructed his audience to buy the top in 2018. Do you think XRP will rise from this new wallet support? Add your thoughts below!
Images via Shutterstock
source: https://bitcoinist.com/xrp-now-available-to-2-million-users-ripple/
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